Tarullo called yesterday’s meeting in order to hear banks’ complaints about parts of the so-called stress tests, which were conducted in March and are slated to be an annual event under Dodd-Frank.

However, the executives were told the meeting would also be a forum to raise concerns tied to other regulatory issues, including the Volcker rule, which prohibits banks from making bets using their own money.

A key issue discussed was requests for the Fed to provide more disclosure around the economic models employed to conduct hypothetical tests of the firms’ fiscal fitness.

Although most of the 19 banks under review passed the test, several have expressed confusion about the assumptions regulators made about the quality of the capital firms used to protect against a worst-case scenario. The meeting came amid fretting by politicians that Dodd-Frank may be watered down.

“My concern has been that the momentum generated during the crisis will wane or be redirected to other issues before reforms have been completed,” Tarullo said in a speech yesterday.